Property, liquor units lift LT Group’s Q1 earnings LT Group, Inc. reported a 22 percent jump in its first quarter net income to P4.42 billion on the the strong showing of most of its...
PNB raises P27B from debt markets Tobacco and beer tycoon Lucio Tan's banking unit Philippine National Bank got an instant leg-up as it bulked up its war chest with the issuance of P13.87 billion worth of fixed-rate peso bonds and the closing of a $250 million loan...
PNB readies P13B rights offer Taipan Lucio Tan-led Philippine National Bank is raising P12 billion through the issuance of shares to further strengthen its financial...
LT Group earnings surge 50% to P16.2B Taipan Lucio Tan’s listed holding firm LT Group Inc. saw its 2018 net income jump by nearly half to P16.19 billion, driven by the strong double-digit growth in its hard liquor and property business as well as steady performance of its banking...
Let’s get rolling: EKR secures P40B loan for QC casino Bloomberry Resorts Corp. has tapped a P40 billion syndicated loan facility to bankroll the construction of its integrated resort in Quezon...
FastCat Ferries to spend $2B beef up fleet Archipelago Philippines Ferries Corp., which operates. operator of FasCat ferries, obtained a P1.8 billion loan from the Philippine National Bank to construct five new roll-on roll-off (RORO)...
PNB income leaps to P7.5B Better interest income and a big-time asset disposal spelled bigger profits for this bank....
